1 bedroom apartment for sale

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1 bedroom apartment for sale

Leighton Hall, Leighton Street, Preston, PR1
£48,000

Price History

Initial price £55,000
28/08/24 £48,000
Price Change -12.73%

Description

This is a fantastic investment opportunity to purchase a self-contained student accommodation with a rental income of £162 per week over a 51-week year. The flat features a bedroom/study area with fitted furniture, a shower room, and an individual kitchen with integrated appliances. The property is located in a purpose-built hall of residence, ideal for student life, just minutes from the university buildings and city centre. The building has communal facilities, including a reception area, laundry, and a common room lounge with a pool table, TV, and games consoles. A major refurbishment of these facilities is planned for summer 2024, which will create a modern and welcoming environment for students to relax and socialize. The service charges are split between all investors of the same room type, calculated per quarter.